Global Crossing Announces Proposed Private Offering of $650 Million of Its Senior Secured Notes Due 2015 Sep 8, 2009
FLORHAM PARK, N.J., Sept. 7 /PRNewswire-FirstCall/ -- Global Crossing Limited (Nasdaq: ) announced today that it intends to offer $650 million of its senior secured notes due 2015 in a private placement to qualified institutional buyers in accordance with Rule 144A and Regulation S under the Securities Act of 1933, as amended (the "Securities Act"). The purpose of the offering is to refinance Global Crossing's existing term loan facility, to fund the purchase of senior notes issued by GC Impsat... (PR Newswire)
Global Crossing Continues to Extend European Hosted Services Strategy with New Amsterdam Data Center Jul 21, 2009
FLORHAM PARK, N.J., July 21 /PRNewswire-FirstCall/ -- Global Crossing (Nasdaq: ), a leading global IP solutions provider, today announced the opening of its Amsterdam data center. The newly constructed data center, which already houses clients such as Dimension Data, provides virtual hosting solutions as well as hosted managed services. (PR Newswire)
The Bottom Line Mar 5, 2009
However, Ten Speed Press and its other imprints, Tricycle Press, Celestial Arts and Crossing Press, will remain, as will the company's Berkeley headquarters. Job-sharing at Nummi: Facing what New United Motor Manufacturing Inc. calls a dire situation, union and management at the joint GM-Toyota plant in Fremont have agreed to a work-share deal intended to avoid layoffs among the 4,800 workforce. (San Francisco Chronicle -- Business)
Global Crossing Reports Fourth Quarter and Full Year 2008 Results Feb 17, 2009
- Global Crossing completes 2008 within guidance ranges for revenue, Adjusted Cash EBITDA and cash. - "Invest and grow" revenue increased 21 percent in 2008. (PR Newswire)
